IMO, Cable is in wave iv (possibly a triangle). Expect 1 more thrust to the downside to complete wave v around 1.5000.
This pattern is violated if price go up from the moment of this post and break the critical resistance 1.544x (previous wave i).
Short could be open with SL 1 pip above critical resistance, and target 1.5000.
Happy hunting and be careful out there ^^
_Supaman_
This pattern is violated if price go up from the moment of this post and break the critical resistance 1.544x (previous wave i).
Short could be open with SL 1 pip above critical resistance, and target 1.5000.
Happy hunting and be careful out there ^^
_Supaman_